Luk Fook Holdings (international) Limited · HKEX:590
Luk Fook Holdings (international) — FY2021 Earnings Presentation
70 slides from Luk Fook Holdings (international)'s earnings presentation, June 2021
Slide 1: FY2020/21 Annual Results Corporate Presentation
\ #8 Se (BB) OR A) INGE ( INTERNATIONAL ) LIMITED Ge 1 7y ay / LUK GumaRAs2 ARAM (incorporated mae with Li Neel CORPORATE PRESENTATION FY2020/21 Annual Results Eval 2020/21 FS Wes
Slide 2: Contents
CONTENTS 內容 FY2020/21* FINANCIAL HIGHLIGHTS 2020/21财年*财务亮点 FINANCIAL REVIEW 财务回顾 FUTURE PLANS AND STRATEGIES 未来计划与策略 OPEN FORUM 公开讨论 CORE COMPETENCES 核心竞争优势 COMPANY PROFILE 公司简介 APPENDICES 附录 * FY2020/21: Hereafter refers to as “FY2021” 2020/21财年: 往后称为「2021财年」 2
Slide 3: FY2021 Financial Highlights
FY2021 FINANCIAL HIGHLIGHTS 2021财年财务亮点 3
Slide 4: FY2021 Financial Highlights
FY2021 FINANCIAL HIGHLIGHTS 2021财年财务亮点 Revenue 收入 Operating Profit 经营溢利 Profit Attributable to HK$8,861M(百万港元) HK$1,244M(百万港元) Equity Holders -21.1% +7.6% 权益持有人应占溢利 HK$1,017M(百万港元) +17.4% Basic Earnings per Share Proposed Dividend Overall Net Shop Additions 每股基本盈利 per Share 整体净增设店铺 HK$1.73(港元) 拟派每股股
Slide 5: Financial Review
FINANCIAL REVIEW 财务回顾 5
Slide 6: Financial Review
FINANCIAL REVIEW 财务回顾 Y-o-Y FY2021 FY2020 FY2019 Changes (HK$M) (百万港元) Changes 2021财年 2020财年 2019财年 变化 按年变化 Revenue 收入 8,861 11,234 -21.1% 15,860 -44.1% Gross Profit 毛利 2,632 3,323 -20.8% 4,034 -34.7% Operating Profit 经营溢利 1,244 1,156 +7.6% 1,853 -32.9% Profit for the Year 年内溢利 1,019 868 +17.5% 1,50
Slide 7: Dividend
DIVIDEND 股息 Y-o-Y FY2021 FY2020 FY2019 Changes (HK$) (港元) Changes 2021财年 2020财年 2019财年 按年变化 按年变化 Basic Earnings per Share 每股基本盈利 HK$1.730 HK$1.480 +16.9% HK$2.540 -31.9% Declared宣派： Basic Dividend per Share 每股基本股息 HK$0.500 HK$0.500 +0.0% HK$0.600 -16.7% Special Dividend per Share 每股特别股息 HK$0.500 - N
Slide 8: Healthy Financial Position
HEALTHY FINANCIAL POSITION 健康的财务状况 FY2021 FY2020 Y-o-Y Changes (HK$M) (百万港元) 2021财年 2020财年 按年变化 Inventories 存货 7,322 7,533 -2.8% Average Inventory Turnover Days1 451 401 +50 平均存货周转日1 Closing Inventory Turnover Days2 444 359 +85 期末存货周转日2 Cash and Bank Balances 现金及银行结余 3,546 2,714 +30.7% Bank Borrowin
Slide 9: Summary - Financial Position
SUMMARY - FINANCIAL POSITION 财务状况摘要 As at As at 31 Mar 2021 31 Mar 2020 Y-o-Y Changes (HK$M) (百万港元) 截至2021年 截至2020年 按年变化 3月31日 3月31日 Non Current Assets 非流动资产 2,779 2,845 -2.3% Current Assets 流动资产 11,733 11,080 +5.9% Total Assets 总资产 14,512 13,925 +4.2% Non Current Liabilities 非流动负债 241 440 -45.2% Cu
Slide 10: FY2017-2021 Operating Performance
FY2017-2021 OPERATING PERFORMANCE 2017-2021财年 营运表现 (HK$M) (百万港元) 30,000 29.6% 29.7% 25.6% 25.7% 25.4% 30% 25,000 14.0% 11.1% 11.7% 10.1% 10.3% 10% 20,000 11.5% 8.0% 9.4% 9.5% 7.7% 15,860 14,578 15,000 -10% Revenue 收入 12,807 11,234 Operating Profit 经营溢利 8,861 10,000 (↓21.1%) Profit for the Year 年内溢利
Slide 11: Revenue and Profit Analysis by Market
REVENUE AND PROFIT ANALYSIS 收入及溢利分析 Revenue and Segment Profit by Market 按市场划分的收入及分部溢利 40.1% (55.8%) 5.7% (29.8%) 59.9% By Market 以市场划分 Revenue Segment Segment 94.3% (44.2%) HK$M 百万港元 收入 Profit Profit Margin (70.2%) 分部溢利 分部溢利率 Hong Kong, Macau & 3,551 75 2.1% Overseas 香港、澳门及海外 -43.4% -80.6% -4.1p.p.
Slide 12: Revenue and Profit Analysis by Business
REVENUE AND PROFIT ANALYSIS 收入及溢利分析 Revenue and Segment Profit by Business 按业务划分的收入及分部溢利 55.9% (69.8%) By Business 以业务划分 Revenue Segment Segment HK$M 百万港元 收入 Profit Profit Margin 分部溢利 分部溢利率 33.4% (23.1%) Retailing 4,953 195 4.0% 零售 -36.8% -54.1% -1.4p.p. 10.7% (7.1%) Wholesaling 2,962 409 13.8% 批发 +
Slide 13: Sales and Gross Profit by Product
REVENUE AND PROFIT ANALYSIS 收入及溢利分析 Sales1 and Gross Profit2 by Product 按产品划分的销售1及毛利2 47.0% (48.0%) By Product 以产品划分 Sales Gross Gross 43.1% HK$M 百万港元 销售 Profit Margin (38.8%) 毛利 毛利率 53.0% (52.0%) Gold & Platinum 3,720 818 22.0% 56.9% (61.2%) 黄金及铂金 -25.8% -23.2% +0.7p.p. Fixed Price Jewellery 4,195
Slide 14: Margin Analysis
MARGIN ANALYSIS 溢利率分析 Segment Profit Margin by Market Segment Profit Margin by Business Gross Margin by Product 分部溢利率 (以市场划分) 分部溢利率 (以业务划分) 毛利率 (以产品划分) Full Year 全年 Full Year 全年 Full Year 全年 1H vs 2H 上半财年 vs 下半财年 1H vs 2H 上半财年 vs 下半财年 1H vs 2H 上半财年 vs 下半财年 Hong Kong, Macau Licensing Retailing Wholes
Slide 15: Regional Revenue & Profit Analysis by Business
REGIONAL REVENUE & PROFIT ANALYSIS BY BUSINESS 地区收入及溢利分析以业务划分 Hong Kong, Macau and Overseas 香港、澳门及海外 HK$M Revenue Segment Profit 分部溢利 Segment 百万港元 收入 Profit Mix組合 Margin 分部溢利率 91.4% 3,245 -19 -26.0% -0.6% Retailing 零售 (97.3%) -46.8% -107.7% (65.6%) -4.8p.p 1.3% (1.1%) Wholesaling 批发 260 48 64.6% 18.
Slide 16: Regional Revenue & Profit Analysis by Business
REGIONAL REVENUE & PROFIT ANALYSIS BY BUSINESS 地区收入及溢利分析以业务划分 Mainland 内地 32.2% (35.1%) HK$M Revenue Segment Segment Profit 百万港元 收入 Profit Margin 分部溢利 分部溢利率 Retailing 零售 1,708 215 12.6% 50.9% -1.8% +25.1% +2.7p.p (50.2%) 16.9% Wholesaling 批发 2,702 360 13.3% (14.7%) +8.4% +46.4% +3.4p.p Licensing 品牌业
Slide 17: Regional Segment Profit Margin Analysis by Business
REGIONAL SEGMENT PROFIT MARGIN ANALYSIS BY BUSINESS 地区分部溢利率分析以业务划分 Hong Kong, Macau and Overseas 香港、澳门及海外 1H&2H上半财年及下半财年 Full Year 全年 Mainland 内地 1H&2H上半财年及下半财年 Full Year 全年 Licensing Retailing Adjusted Wholesaling Business1 品牌业务 零售 经调整后之批发业务1 1 Adjusted Wholesaling Segment Profit Margin = Segment P
Slide 18: Retail Revenue Analysis
RETAIL REVENUE ANALYSIS Retail Revenue by Product 收入 (以产品划分) 零售收入分析 Hong Kong, Macau and Overseas (% of Revenue) 香港、澳门及海外 (收入占比 %) Retail Revenue by Region 收入 (以市场划分) (% of Revenue) HK$1.15B (收入占比 %) HK$0.21B 11.5亿港元 2.1亿港元 (↓54.8%) (↓20.4%) HK$1.71B HK$2.09B 17.1亿港元 20.9亿港元 (↓1.8%) (↓41.0%) HK$0.93
Slide 19: Wholesale Revenue Analysis
WHOLESALE REVENUE ANALYSIS Wholesale Revenue by Product 收入 (以产品划分) 批发收入分析 Hong Kong, Macau and Overseas (% of Revenue) 香港、澳门及海外 (收入占比 %) HK$36M Wholesale Revenue by Region 36百万港元 批发收入 (以市场划分) (↓21.5%) (% of Revenue) (收入占比 %) HK$207M 207百万港元 (↑694.9%) HK$2.70B HK$17M 27.0亿港元 17百万港元 (↑8.4%) (↓38.8%) M
Slide 20: Retail Analysis
RETAIL ANALYSIS 零售分析 SSSG 同店销售增长* Y-o-Y Changes 按年变化 FY2021 FY2020 2021财年 2020财年 FY2021 FY2020 2021财年 2020财年 Revenue** Quantity ASP Revenue** Quantity ASP 收入 件数 平均售价 收入 件数 平均售价 Overall -40% -32% -41% -54% +27% -37% -36% -1% 整体 Gold & Platinum -32% -33% -34% -53% +40% -39% -50% +21% 黃金及铂金 Fixed Price
Slide 21: Retail Analysis on Mainland
RETAIL ANALYSIS ON MAINLAND 内地零售分析 Same Store Sales Growth 同店销售增长 FY2021 FY2020 2021财年 2020财年 Fixed Price Licensed Fixed Price Licensed Gold & Platinum Overall Gold & Platinum Overall Jewellery Shops Jewellery Shops 黃金及铂金 整体 黃金及铂金 整体 定价首饰 品牌店 定价首饰 品牌店 Licensed Shops 品牌店 +12% +1% +8% N/A -16% -5% -12
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Slide 23: Quarterly Same Store Sales Growth
QUARTERLY SAME STORE SALES GROWTH 季度同店销售增长 FY2019 FY2020 FY2021 2019财年 2020财年 2021财年 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Overall +22% +14% -10% -6% -10% -37% -25% -57% -71% -55% -29% +30% 整体 Gold +26% +23% -9% -6% -19% -43% -20% -51% -67% -46% -25% +42% 黄金 Gold (By Weight) +21% +30% -7% -4% -19% -53
Slide 24: Average Ticket Size & Fixed Price Jewellery Average Selling Price
AVERAGE TICKET SIZE & FIXED PRICE JEWELLERY AVERAGE SELLING PRICE 每单平均消费及定价首饰产品平均售价 Average Ticket Size Fixed Price Jewellery Average Selling Price 每单平均消费 定价首饰产品平均售价 $ (in terms of respective currency ) 元 (以相应货币计算) Diamond, jadeite, gem stones and pearl products 钻石，翡翠，宝石及珍珠产品 ↑15.4% $ (in terms of r
Slide 25: Total Operating Expenses
TOTAL OPERATING EXPENSES 总经营开支 (HK$M) (% of Revenue) (百万港元) (收入占比%) 18.9% 19.1% 15.2% 2,500 2,417 Other Expenses 其他开支 Adverti sing & Ma rketing 3.1% 489 2,118 广告及市场推广 2,000 Depreciation & Amortisation* 折旧及摊销* 0.6% 102 4.4% 486 1,694 0.8% 127 (↓20.0%) Depreciation of Right-of-Use Assets (Rental Relat
Slide 26: Inventory Analysis
INVENTORY ANALYSIS 存货分析 Closing Inventories (HK$M) 期末存货 (百万港元) FY2020 FY2021 2020财年 2021财年 (↓2.8%) 7,533 7,322 (↓2.6%) 4,583 4,464 (↓3.1%) 2,950 2,858 Inventory Turnover Days (by Product) Inventory Turnover Days (by Market)1 存货周转日数 (以产品划分) 存货周转日数 (以市场划分)1 (Turnover Days) 平均存货2 期末存贷3 (Turnover Days)
Slide 27: Capex
CAPEX 资本开支 (HK$M) 1,000 (百万港元) 934 Purchase of Premises 购置物业 796 500 Furniture, fixture and equipment & leasehold 392 improvements 家俬、装置与设备及租赁物业 装修 243 Shops 店铺 282 Offices 公司 162* Manufacturing Plants 加工厂 55 138 58 110 91 36 9 81 36 25 0 10 9 FY2019 FY2020 FY2021 2019财年 2020财年 2021财年 *Including the
Slide 28: Financial Impact of Investments and Operating Activities in HKRH & Its Subsidiaries
FINANCIAL IMPACT OF INVESTMENTS AND OPERATING ACTIVITIES IN HKRH & ITS SUBSIDIARIES 香港资源控股及其附属公司的投资及营运活动之财务影响 Lukfook Group acquired 50% interest of CGS1 in June 2014 六福集团于2014年6月完成收购中国金银150%权益 3D GOLD targets at mid-end customers and operates approx. 354 POS through self-operated and franchising mo
Slide 29: Future Plans & Strategies
FUTURE PLANS & STRATEGIES 未来计划与策略 29
Slide 30: Three-Year Key Strategies (FY2020-FY2022)
THREE-YEAR KEY STRATEGIES (FY2020-FY2022) 三年主要策略 (2020-2022财年) Strategic Growth 策略性增长 • Adopt multibrand strategy 采取多品牌策略 • Explore M&A opportunities 发掘拼购机会 To Reach a New Height 再闯高峰 Mainland Market Expansion Supply Chain Management 内地市场拓展 供应链管理 • No less than 150 shops net additions • Strengthen s
Slide 31: Three-Year Key Strategies: Supply Chain Management
THREE-YEAR KEY STRATEGIES (FY2020-FY2022) 三年主要策略 (2020-2022财年) Right Product 适当产品 Supply Chain Management 供应链管理 Right Price Right Time 适当价钱 适当时机 Supply Chain Management Revamp 供应链管理整改 Enhance automation and big Improve factory productivities Improve inventory turnover data management 优化厂房生产力 period
Slide 32: Strategic Growth with Multibrand Strategy
THREE-YEAR KEY STRATEGIES (FY2020-FY2022) 三年主要策略 (2020-2022财年) Strategic Growth with Multibrand Strategy 透过多品牌策略进行策略性增长 Goldstyle “Unconventional gold” – to offer fashionable gold pieces that are suitable for daily wear 令黄金不再传统 – 提供时尚新颖、适合日常佩戴之黄金首饰 Target at tasteful clients who pursue quality p
Slide 33: Lukfook Joaillerie
LUKFOOK JOAILLERIE 六福精品廊 Targets at the high end jewellery sector FY2021: Opened a total of 3 shop-in-shops in Macau and Mainland 针对高端珠宝市场 2021財年:於澳門及內地共開設3間店中店 Features exquisite design and craftsmanship including award-winning jewellery masterpieces 主打精湛设计及超卓工艺, 包括得奬珠宝作品 33
Slide 34: Network Expansion and Capex in FY2022
NETWORK EXPANSION AND CAPEX IN FY2022 2022财年零售网络扩充及资本开支 As at 31 Mar 2021: 于2021年3月31日: Hong Kong & Mainland Overseas E-commerce Macau 内地 海外 电子商务 香港 & 澳门 Shops店铺: 2,294 Shops店铺: 60 Shops店铺: 12 FY2022: 2022财年: Mainly focused on adding licensed Net addition 2 new shops Net addition 1 new shop Strength
Slide 35: E-commerce
E-COMMERCE 电子商务 FY2021 Performance Platforms 78.0% 2021财年表现 销售平台 （77.3%） FY2021: 35 Platforms Revenue 收入 2021财年: 35个平台 ↑34.2% Y-o-Y Changes 按年变化 22.0% Contribution to Mainland Retail （22.7%） Revenue1 占内地零售收入1 49.5% (2020: 36.2%) E-commerce Development 电商发展 Contribution to Group’s Retail Revenue1 Fur
Slide 36: Membership Programme
MEMBERSHIP PROGRAMME 会员计划 2,427,623(+138%) 33% -5% Total number of members Member Contribution to Member Spending in FY2021 as at 31 Mar 2021 Group’s Retail Sales in FY2021 2021财年会员消费额 于2021年3月31日之会员总数 2021财年会员占集团零售销售额 Mainland Hong Kong, Macau and Overseas 内地 香港、澳门及海外 1,706,434(+162%) 721,189 (+94%
Slide 37: Online Marketing
ONLINE MARKETING 网络营销 The Group actively implemented a variety of marketing activities in new media platforms, in order to strengthen our brand image and promote sales 为深化品牌形象及促销宣传，集团积极地利用新媒体实践各种市场推广活动 Allocated more resources on Caught up with online marketing Expanded online sales by live Enhanced
Slide 38: Anniversary Promotion
ANNIVERSARY PROMOTION 周年庆 Launched a creative cross-platform promotion campaign “Share Love and Fun” to celebrate the brand anniversary 推出「 FUN享爱」推广项目，跨平台庆祝品牌周年庆 Livestreamed the event on Weibo Recorded a total of 12.32 million views 微博直播发布会 视频观看总量达 1,232 万 38
Slide 39: Anniversary Promotion
ANNIVERSARY PROMOTION 周年庆 Collaborated with 100 KOLs on 5 major social media platforms to conduct an all-round product promotion 玩转五大社交平台, 百位KOL打通全局种草 The hashtag #Share Love and Fun for 5201314# achieved a total exposure of 15 million views #FUN享5201314#话题页总爆光量达1,500万 Posts of 30 KOLs had a total e
Slide 40: Love Is Beauty Campaign / Bling Up Store
LOVE IS BEAUTY CAMPAIGN 爱很美活动 BLING UP STORE 快 闪店 Bling for more New product launch event in Shanghai in November 11月于上海举行发布会 Live-streamed on both Lukfook Jewellery’s offical Weibo and Tmall flagship store, which recorded over 10 million views 发布会于六福珠宝官方微博及天猫旗舰店同步进行直播， 观看量破千万 Held road shows in Zhe
Slide 41: Love Is Beauty Campaign
LOVE IS BEAUTY CAMPAIGN 爱很美活动 Cross-Platform Promotion 联动平台传播 18.71 million views on The topic attracted Videos of 16 KOLs Relevant topics gained Interacted with other Weibo 6.22 million views on on TikTok recorded a total of 330 million brands on their 微博阅读量 1,871 万 RED 37.88 million views views on
Slide 42: Chinese New Year Five Auspicious Cards Campaign
CHINESE NEW YEAR FIVE AUSPICIOUS CARDS CAMPAIGN 春節集五福活动 Teamed up with AliPay to participate in the “Chinese New Year Five Auspicious Cards Campaign”event 与支付宝携手合作「春节集五福」活动 Number of participants was over 700 million 参与人数达7亿人次 Achieved brand exposure of 150 million viewers 品牌曝光達1.5亿人次 42
Slide 43: Open Forum
OPEN FORUM 公开讨论 43
Slide 44: Core Competences
CORE COMPETENCES 核心竞争优势 44
Slide 45: Core Competences
CORE COMPETENCES 核心竞争优势 Vertical Integration 垂直整合 Competent Licensing Model 有效的品牌模式 Excellent Service Core 卓越服务 Competences 核心竞争优势 Extensive Distribution Quality Assurance Network 质量保证 庞大分销网络 Appealing Product Design 具吸引力的产品设计 Reputable Brand 可信赖品牌 45
Slide 46: Vertical Integration
VERTICAL INTEGRATION 垂直整合 Vertical integration helps strengthen operational efficiency, cost effectiveness, market responsiveness and supply reliability to enhance competitiveness 垂直整合有助强化营运效率、成本效益、市场反应能力及供应可靠度，以增强竞争力 Distribution 分销 Self-operated Shops & E-Commerce Platforms 自营店及电子商务销售平台 Retail rev
Slide 47: Competent Licensing Model
COMPETENT LICENSING MODEL 有效的品牌模式 Licensing Model 品牌模式 Joining Fee Royalty Income Licensing Income 加盟费用 专利收入 品牌收入 Revenue from Licensing Model 品牌店营运模式 收入 Consultancy Fee Wholesale Revenue 顾问费用 批发收入 Payment terms 付款方式 : Cash On Delivery 交货付款 Advantages 优点 Requirements 条件 Ride on local knowledge Initi
Slide 48: Competent Licensing Model
COMPETENT LICENSING MODEL 有效的品牌模式 Stringent control system applied on both self-operated and licensed shops 自营店和品牌店采用统一的监管系统 Operational Control Brand Image Control 营运监管 品牌形象监管 Whistleblowing System and Reward Scheme Authorised renovation contractors to ensure 鸣笛系统及奖励计划 standardised shop image
Slide 49: Extensive Retail Network
EXTENSIVE RETAIL NETWORK 庞大零售网络 As at 18 Jun 于6月18日 As at 31 Mar 于3月31日 Countries and Regions Current Mix Y-o-Y Changes 2021 2020 2019 国家及地区 现时 組合 按年变化 Lukfook Shops 六福店 Self-operated自营店 • Mainland 内地 77 3.2% 77 110 141 -33 • Hong Kong 香港 46 1.9% 47 49 49 -2 • Macau 澳门 13 0.5% 13 11 11 +2 • Canada 加
Slide 50: Lukfook Distribution Network in Mainland
LUKFOOK DISTRIBUTION NETWORK IN MAINLAND 六福內地分销网络 Total No. of shops 店铺总数：2,212(+224) As at 31 Mar 2021 Total No. of Licensees 品牌商总数 604(+98) 于2021年3月31日 Total No. of Provinces 省总数 27(0) Total No. of Municipalities 直辖市总数 4(0) Total No. of Cities 城市总数 514(+45) Self- Licensed Total Municipalities/ Cit
Slide 51: Reputable Brand
REPUTABLE BRAND 可信赖品牌 Lukfook Jewellery is positioned as a brand with the finest products and quality services targeting the mass luxury market. As a Hong Kong brand with nearly 30 years of history, the Group puts substantial effort in building a welcoming and warm-hearted brand image to penetrate i
Slide 52: Appealing Product Design
APPEALING PRODUCT DESIGN 具吸引力的产品设计 Professional jewellery design teams in Shenzhen and Nansha in Mainland and Hong Kong 于内地深圳、南沙及香港设有专业设计团队 Have attained over 200 awards 获得超过200个奖项 Swept 5 Awards in “Chuk Kam Jewellery Design Competition 2020” 于「足金首饰设计比赛2020」勇夺五个大奬 “White Sandalwood “Earring and “Co
Slide 53: Quality Assurance
QUALITY ASSURANCE 质量保证 China Gems Laboratory Limited 中华珠宝鉴定中心有限公司 The only laboratory in Hong Kong that meets the requirements of accreditation in jadeite jade testing, diamond authentication and grading, and gold fineness testing. Besides, it is the first laboratory in Hong Kong to obtain Chinese n
Slide 54: Excellent Service
EXCELLENT SERVICE 卓越服务 “Delivering the Beauty of Love with Six Heartfelt Services” Customer Service Programme 「六心传为您 因为爱很美」顾 客服务计划 Research Management Ltd. "Mystery Shopper Programme": Received an average score of over 90% by Hong Kong branches Hong Kong Retail 「神秘顾客计划」﹕ Management Association 香港各分行
Slide 55: Sustainability
SUSTAINABILITY 可持续性 The Group is committed to giving back to society and has been supporting the “Walk for Millions”, a fundraising event held by the Community Chest of Hong Kong, for many years. The Group’s employees and their families stepped out to support “The Community Chest Walk for Millions”t
Slide 56: Company Profile
COMPANY PROFILE =44 JN=II|=19 Ay 56
Slide 57: About Lukfook
ABOUT LUKFOOK 关于六福 A leading jewellery retailer in Mainland and Hong Kong 内地及香港主要珠宝零售商之一 Main Business 主要业务 The Group principally engages in the sourcing, designing, wholesaling, trademark licensing and retailing of a variety of gold and platinum jewellery and gem-set jewellery products 集团主要从事各类黄铂金首
Slide 58: Appendices
APPENDICES 附录 58
Slide 59: Financial Performance Since IPO
FINANCIAL PERFORMANCE SINCE IPO 自上市之财年财务回顾 In 1997, Lukfook Group was listed on the main board of the Stock Exchange of Hong Kong Ltd. 1997年, 六福集团在香港交易所主板上市 Average Dividend Payout Ratio Revenue 收入 平均派息比率 7% CAGR 年复合增长率 50% Average Return on Equity Profit for the Year 年内溢利 平均股东权益回报率 11% CAGR 年复合增长率
Slide 60: Average Gold Price Changes & GP% of Gold
AVERAGE GOLD PRICE CHANGES & GP% OF GOLD 平均黄金价格波幅及黄金毛利率 Gross margin of gold sales is not highly correlated to the gold price fluctuation Gross Margin of 黄金产品之毛利率与黄金价格变动相关性不大 Gold Sales Full Year 全年 黄金销售毛利率 US$ 美金 Gross Margin of 1H&2H 上半年及下半年 Gold Sales 黄金销售毛利率 US$美金 60 * Y-o-Y Changes are shown in
Slide 61: 1H&2H FY2017-2021 Operating Performance
1H&2H FY2017-2021 OPERATING PERFORMANCE 2017-2021上半及下半财年 营运表现 (HK$M) (百万港元) 61
Slide 62: Revenue and Profit Analysis by Market
REVENUE AND PROFIT ANALYSIS 收入及溢利分析 Revenue and Segment Profit by Market 按市场划分的收入及分部溢利 1H FY2021 2H FY2021 2021上半财年 2021下半财年 34.7% 43.3% (57.6%) (53.5%) 18.5% 65.3% (13.5%) 56.7% (42.4%) 81.5% (46.5%) (86.5%) Revenue Revenue Segment Profit 收入 收入 分部溢利 Hong Kong, Macau & Hong Kong, Macau & Overseas Ov
Slide 63: Revenue and Profit Analysis by Business
REVENUE AND PROFIT ANALYSIS 收入及溢利分析 Revenue and Segment Profit by Business 按业务划分的收入及分部溢利 1H FY2021 2H FY2021 2021上半财年 2021下半财年 58.4% 51.7% (68.0%) (71.2%) 36.1% 9.8% 31.8% 12.2% (21.8%) (7.3%) (24.7%) (7.0%) Revenue Revenue Segment Profit 收入 收入 分部溢利 Retailing Retailing 零售 零售 Wholesaling Wholesaling
Slide 64: Sales and Gross Profit by Product
REVENUE AND PROFIT ANALYSIS 收入及溢利分析 Sales1 and Gross Profit2 by Product 按产品划分的销售1及毛利2 1H FY2021 2H FY2021 2021上半财年 2021下半财年 43.6% 49.0% (46.0%) (50.7%) 44.3% 42.2% (35.9%) (42.5%) 56.4% 51.0% (54.0%) (49.3%) 55.7% 57.8% (64.1%) (57.5%) Sales Gross Profit Sales Gross Profit 销售 毛利 销售 毛利 Gold & Gold &
Slide 65: Regional Revenue & Profit Analysis by Business
REGIONAL REVENUE & PROFIT ANALYSIS BY BUSINESS 地区收入及溢利分析以业务划分 Hong Kong, Macau and Overseas 香港、澳门及海外 1H FY2021 2H FY2021 2021上半财年 2021下半财年 89.4% (97.5%) 92.3% 2.1% Revenue 0.9% (97.0%) (1.4%) Segment (0.9%) 收入 Revenue Profit 收入 分部溢利 Retailing 零售 Retailing 8.5% 6.8% 零售 (1.6%) Wholesaling (1.6%) 批发 Wh
Slide 66: Regional Revenue & Profit Analysis by Business
REGIONAL REVENUE & PROFIT ANALYSIS BY BUSINESS 地区收入及溢利分析以业务划分 Mainland 1H FY2021 2H FY2021 内地 2021上半财年 31.6% 2021下半财年 32.6% (35.3%) (34.8%) 50.9% 50.9% 17.5% (49.4%) 16.5% (51.2%) (15.3%) (14.0%) Revenue Segment Profit Revenue Segment Profit 收入 分部溢利 收入 分部溢利 Retailing Retailing 零售 零售 Wholesaling Whol
Slide 67: Total Operating Expenses
TOTAL OPERATING EXPENSES (% of Revenue) 总经营开支 (收入占比%) 1,500 23.7% (HK$M) 20.9% (百万港元) 17.2% 15.1% 15.4% 16.3% 1,233 1,184 1,087 254 235 1,031 Other Expenses 1,000 216 54 其他开支 48 900 71 270 Advertising & Marketing 56 42 794 广告及市场推广 59 218 Depreciation & Amortisation* 39 折旧及摊销* 81 199 398 387 41 Renta
Slide 68: Disclaimer
DISCLAIMER 免责声明 This presentation has been prepared by Luk Fook Holdings (International) Limited (the “Company”), and the information contained herein has not been independently verified. This presentation does not make any explicit or implicit representations or warranties and no undue reliance sho
Slide 69: Thank You!
7 \ te Dh eS LUKFOOK JEWELLERY Thank You!
Slide 70: FY2021 Annual Results Highlights
FY2021 FY2021 Investor Relations Annual Results Annual Report* WeChat Highlights 全年业绩报告* 投资者关系微信 全年业绩摘要 *FY2021 Annual Report will be uploaded in July 2021 2021财年全年业绩报告将于2021年7月上载 70
Luk Fook Holdings (International) — FY2021 Earnings Presentation on 6ix